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September 15, 2005 Borealis Plastics Solutions Provider Increases Phenolic Resins Business Seattle, WA, USA--(Jobwerx News)--Plastics solutions provider Borealis
to boost capacity and increase efficiency for its Phenol and Aromatics
business in Finland.
Borealis announced a total investment plan exceeding EUR 60 million to
boost capacity and increase efficiency for its Phenol and Aromatics business
located in Porvoo Finland. Beyond the ongoing expansions to increase cumene
and benzene capacity by 30% and investments to improve the safety and
reliability of operations, an additional EUR 29 million will be invested
to expand phenol capacity from 140,000 to 190,000 tonnes per year and
acetone from 90,000 to 115,000 tonnes per year. Implementation of this
capacity increase is expected during spring 2007. Borealis is a leading, innovative provider of plastics solutions based on polyethylene (PE) and polypropylene (PP). Its technology shapes daily life products and forms the basis of next generation innovation and creative development in plastics.
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